Plan Ledger DOL Form 5500 · updated monthly

Brookgreen Gardens403(b)

BROOKGREEN GARDENS RETIREMENT PLAN 403B ANNUITY PLAN · PAWLEYS ISLAND, SC · plan year 2024

Reported admin expense ratio · 2024
0.82%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Brookgreen Gardens reported $45,474 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,686 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.20% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in South Carolina (546th of 807), and 872nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,948,074
Participants with balances150
Active participants152
Employer contributions$256,312
Employee contributions$278,622
Employer contribution per active participant$1,686
Average account balance$39,654
Benefits paid to participants$423,438
Plan auditUnmodified (clean) audit opinion
AuditorDAVIS AND COMPANY, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 150 accts · $256K emplr
2023$5.2M · $231K emplr
2022$4.5M · 116 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,474
Total administrative$45,474
Employer contributions to the Brookgreen Gardens plan · 2024
Employer contribution per active participant$1,686
Median for plans this size$1,313
2024$1,686 per active participant
2023$2,310 per active participant
2022$1,480 per active participant

Brookgreen Gardens's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LINCOLN NATIONAL CORP · Contract administrator$40,726
3G RETIREMENT SERVICES LLC$4,212

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$45,474 · 0.82%
2023$49,115 · 1.01%
2022$60,440 · 1.20%
Similar plansArts, Entertainment & Recreation · South Carolina
Cliffs Club Services, LLC SC$9.8M · 0.59%
Yeamans Hall Club SC$8.1M · 0.46%
Greenville Country Club SC$6.9M · 0.25%
Seabrook Island Club SC$5.7M · 0.79%
South Carolina Aquarium SC$5.1M · 0.61%
Thornblade Club SC$883K · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570380356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.